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Brown-Forman Toasts Successful New Jack Daniel's Label, Booming International Markets in Fiscal Third-Quarter 2012

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SUGAR LAND--March 8, 2012--Researched by Industrial Info Resources (Sugar Land, Texas)--Brown-Forman Corporation (NYSE:BF.B) (Louisville, Kentucky), a leading manufacturer of alcoholic beverages, including Jack Daniel's and Southern Comfort, held steady during the first quarter of the company's fiscal year 2012, as broad-based gains in international sales and a successful product addition to the resurgent U.S. whiskey market offset most of the negative effects from a major wine label sale and adjustments in distributor inventories. Net income for the quarter was reported to be $133.1 million, a 5.4% decrease from the fiscal first quarter of 2011.

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Industry Segment: Food & Beverage
Word Count: 537 Words

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